CALIS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CALIS
Largest movements
- Stocks and contracts -€99,799
down €99,799 (-72.5%), from €137,623 to €37,824
- Receivables within one year +€60,258
up €60,258 (+641.3%), from €9,396 to €69,654
of which Trade receivables: +€60,258
- Cash -€43,168
down €43,168 (-71.5%), from €60,362 to €17,194
mainly Other debts (-€74,590) and Receivables within one year (-€60,258)
- Tangible fixed assets -€27,746
down €27,746 (-11.5%), from €240,431 to €212,684
- Deferred charges and accrued income -€11,540
down €11,540 (-96.0%), from €12,021 to €481
- Other debts -€74,590
down €74,590 (-91.2%), from €81,778 to €7,187
- Debts after one year -€38,670
down €38,670 (-19.8%), from €195,151 to €156,481
- Trade debts -€12,317
down €12,317 (-40.8%), from €30,214 to €17,897
- Gross operating margin +€2,341
up €2,341 (+5.8%), from €40,258 to €42,599
- Financial charges +€2,159
up €2,159 (+34.5%), from €6,256 to €8,414
- Other operating charges +€817
up €817 (+15.9%), from €5,151 to €5,968
- Depreciation -€562
down €562 (-2.0%), from €28,308 to €27,746
- Taxes +€473
up €473, from €0 to €473
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €459,833 | €337,837 | -€121,996 | -26.5% |
| Fixed assets | 21/28 | €240,431 | €212,684 | -€27,746 | -11.5% |
| Tangible fixed assets | 22/27 | €240,431 | €212,684 | -€27,746 | -11.5% |
| Land and buildings | 22 | €240,431 | €212,684 | -€27,746 | -11.5% |
| Current assets | 29/58 | €219,403 | €125,153 | -€94,250 | -43.0% |
| Stocks and contracts in progress | 3 | €137,623 | €37,824 | -€99,799 | -72.5% |
| Stocks | 30/36 | €137,623 | €37,824 | -€99,799 | -72.5% |
| Amounts receivable within one year | 40/41 | €9,396 | €69,654 | +€60,258 | +641.3% |
| Trade receivables | 40 | €9,396 | €69,654 | +€60,258 | +641.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €60,362 | €17,194 | -€43,168 | -71.5% |
| Deferred charges and accrued income | 490/1 | €12,021 | €481 | -€11,540 | -96.0% |
| Total equity and liabilities | 10/49 | €459,833 | €337,837 | -€121,996 | -26.5% |
| Equity | 10/15 | €114,088 | €114,441 | +€353 | +0.3% |
| Contributions | 10/11 | €13,127 | €13,127 | = | 0.0% |
| Reserves | 13 | €100,961 | €101,314 | +€353 | +0.3% |
| Distributable reserves | 133 | €100,961 | €101,314 | +€353 | +0.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €345,745 | €223,396 | -€122,349 | -35.4% |
| Amounts payable after more than one year | 17 | €195,151 | €156,481 | -€38,670 | -19.8% |
| Financial debts | 170/4 | €195,151 | €156,481 | -€38,670 | -19.8% |
| Amounts payable within one year | 42/48 | €150,594 | €66,700 | -€83,894 | -55.7% |
| Current portion of amounts payable after more than one year | 42 | €38,602 | €41,143 | +€2,541 | +6.6% |
| Trade debts | 44 | €30,214 | €17,897 | -€12,317 | -40.8% |
| Suppliers | 440/4 | €30,214 | €17,897 | -€12,317 | -40.8% |
| Taxes, remuneration and social security | 45 | €0 | €473 | +€473 | |
| Taxes | 450/3 | €0 | €473 | +€473 | |
| Other amounts payable | 47/48 | €81,778 | €7,187 | -€74,590 | -91.2% |
| Accrued charges and deferred income | 492/3 | - | €215 | +€215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,308 | €27,746 | -€562 | -2.0% |
| Other operating charges | 640/8 | €5,151 | €5,968 | +€817 | +15.9% |
| Gross operating margin | 9900 | €40,258 | €42,599 | +€2,341 | +5.8% |
| Operating profit (loss) | 9901 | €6,799 | €8,885 | +€2,086 | +30.7% |
| Financial income | 75/76B | €340 | €355 | +€15 | +4.4% |
| Recurring financial income | 75 | €340 | €355 | +€15 | +4.4% |
| Financial charges | 65/66B | €6,256 | €8,414 | +€2,159 | +34.5% |
| Recurring financial charges | 65 | €6,256 | €8,414 | +€2,159 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | €883 | €825 | -€58 | -6.6% |
| Income taxes | 67/77 | €0 | €473 | +€473 | |
| Profit (loss) for the period | 9904 | €883 | €353 | -€530 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €883 | €353 | -€530 | -60.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.